195 Islington Avenue

New Toronto, Toronto

195 Islington Avenue, New Toronto, Toronto

$639,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $912.86


About this Semi-Detached

in New Toronto, Toronto

{STEP INSIDE} Welcome to this freehold semi-detached home in New Toronto, where the big-ticket updates are already done. The newly renovated main floor features new flooring, an improved open-concept layout connecting the living room and kitchen, plus updated heating and A/C. Enjoy your own backyard, a rare neighbourhood bonus with the detached garage, and the added value of freehold ownership with no condo fees. {MAIN LEVEL} Vinyl flooring runs from the foyer through the living room, dining rm, kitchen & mudroom for one continuous, low-maintenance surface. Living rm and dining rm have their own windows, so the space stays bright. Kitchen is set up to cook in: stainless steel fridge, stove, range & oversized hood, sink at the window. Main flr laundry with washer, dryer & laundry tub means no hauling loads upstairs. Mudroom gives direct access to the backyard, the natural path in & out. 2pc powder rm for guests. {UPPER LEVEL} Primary bdrm & 2nd bdrm both have their own mini split a/c plus baseboard heat, so each rm controls its own comfort instead of fighting the rest of the house for it. Walk-in closet off primary could stay a closet or become a home office/Play Pen. The Den offers flexible work-from-home setup without giving up a bdrm. 4pc bath finishes the flr with ceramic flooring throughout. {LOCATION} Located in New Toronto, a walkable stretch of South Etobicoke's Lakeshore community. Islington Jr Middle School (TDSB, JK-8) is nearby, along with Lakeshore Collegiate Institute (secondary) & St. Elizabeth Catholic School (TCDSB). Lake Shore Blvd W is a short walk for shops, cafes & restaurants, & Colonel Samuel Smith Park with its waterfront trail along Lake Ontario is close enough for a regular routine, not just a weekend trip. TTC's 501 Queen streetcar runs along Lake Shore, Mimico GO Station is nearby for downtown commuters, & the Gardiner Expwy & Hwy 427 are both within easy reach.

Listed by CITYSCAPE REAL ESTATE LTD..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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